BANKS tightened credit standards on loans extended to companies, but maintained those for individual borrowers in the third quarter of 2019, the Bangko Sentral ng Pilipinas (BSP) said.
Results of the Third Quarter 2019 Senior Bank Loan Officers’ Survey (SLOS) indicated a net tightening of overall credit standards for loans to enterprises, while rules on lending to households were unchanged from July to September using the diffusion index (DI) approach.
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